bona fide legal definition
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- Bona fides is a Latin phrase meaning good faith. Its ablative case is bona fide, meaning in good faith, it is often used as an adjective to mean genuine. It is often misspelled: bonafied, as if it were the past tense of an imaginary verb: bonafy.
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- From Wikipedia, the free encyclopedia. The fideicommissum was one of the most popular legal institutions in Roman Law for several centuries. It translates from the Latin word fides (trust) and committere (to commit), meaning that something is committed to one's trust. 1 Text and translation.
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Kapalua Airport Maui If you are staying at a West Maui Hotel or a West Maui Condo, you are only between 5 minutes and 15 minutes from JHM. To fly into JHM, you will have to first fly from your home state to Honolulu, and there change planes, and change airlines, for the 30-minute flight from Honolulu to West Maui. If you prefer not to change in Honolulu, you will need to fly into Maui’s main Kahului Airport OGG instead of JHM.
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valid Binding; possessing legal force or strength; legally sufficient.A valid contract, for example, is one that has been executed in compliance with all the requisite legal formalities and is binding upon, and enforceable by, the individuals who executed it.
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Search Legal Terms and Definitions adj. Latin for good faith, it signifies honesty, the real thing and, in the case of a party claiming title as bona fide purchaser or holder, it indicates innocence or lack of knowledge of any fact that would cast doubt on the right to hold title.
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bona fide purchaser n. commonly called BFP in legal and banking circles; one who has purchased an asset (including a promissory note, bond or other negotiable instrument) for stated value, innocent of any fact which would cast doubt on the right of the seller to have sold it in good faith.
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What is the meaning of bonafide? Best Answer: Good faith, or in Latin bona fide, is the mental and moral state of honesty, conviction as to the truth or falsehood of a proposition or body of opinion, or as to the rectitude or depravity of a line of conduct, even if the conviction is objectively unfounded.
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- The Bona Fide Need rule (31 USC, Section 1502) requires appropriated funds be used only for goods and services for which a need arises during the period of that appropriation’s availability for obligation. The three (3) major legal provisions that concern funds execution are the: [1] 1  Bona Fide Need Rule.  Anti-deficiency Act.
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Chest Drain Management Under Water Seal Drain (UWSD): Drainage system of 3 chambers consisting of a water seal, suction control and drainage collection chamber. UWSD are designed to allow air or fluid to be removed from the pleural cavity, while also preventing backflow of air or fluid into the pleural space
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bona fide purchaser Legal Definition of bona fide purchaser. Additional Notes on bona fide purchaser. There are particular requirements for a bona fide purchaser of a security set out in Uniform Commercial Code section 8-302.
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bona fide Definition of bona fide. 1 law : made in good faith without fraud or deceit a bona fide offer to buy a farm. 2 : made with earnest intent : sincere a bona fide proposal.
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- Bona fide sale transactions. (a) In a bona fide sale of real estate, the value of the real estate is the total agreed consideration for the sale which is paid or to be paid. (b) The value includes liens existing before the transfer and not removed thereby—whether or not the underlying indebtedness is assumed—or a commensurate part of the liens, if they also encumber other real estate.
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Ab Initio Definition: Ab Initio Definition: Related Terms: Void or Void Ab Initio, Voidable. A proposition in law that as within a court's jurisdiction, a certain document which purports to affect legal rights, or an act which purports to affect legal rights, is or was nul and void from the start, from its beginning, because of some vitiating element.
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Bona fide purchaser In the United States, the patent law codifies the bona fide purchaser rule, 35 U.S.C. § 261. Unlike the common law, the statute cuts off both equitable and legal claims to the title.
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Nulla Bona Justipedia explains Nulla Bona. In order for goods to be collected by a bailiff against a debt, a seizure writ must be issued against goods that hold a minimum individual value. This writ is called a writ of fieri facias..
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- From the Latin bonā fidē (“in good faith”) which is the ablative case of bona fidēs (“good faith”). bona fide (not comparable) In good faith. Although he failed, the prime minister made a bona fide attempt to repair the nation's damaged economy.
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bona fide occupational qualifications (BFOQ) Definition. Employment qualities or attributes of a prospective or current employee that an employer is allowed to consider under law for the purpose of hiring or retention. The qualifications may include gender, age and national origin, if those characteristics are considered essential to the job requirements.ona fide occupational qualifications (BFOQ). Employment qualities or attributes of a prospective or current employee that an employer is allowed to consider under law for the purpose of hiring or retention.
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How is 'sola fide' pronounced? Sola fide is a Latin exclamation that when translated to English means by faith alone. If your question is with relation to a religious (Christian) remark that was supposed … to be made by somebody centuries back, then it's not that entirely accurate.
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- If your benefits plan does not meet the requirements per the Davis-Bacon and Related Acts, then there is a possibility that it may not meet the standards of being “bona fide.” If you are uncertain whether your plan is “bona fide”, you should seek the advice of competent legal counsel.
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- The reward which has been offered is a large one, and it is not for me to question the bona fide nature of it.ona fide. adj. 1. real or genuine: a bona fide manuscript. 2. undertaken in good faith: a bona fide agreement.
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- Bona fide redirects here. For other uses, see Bona fide (disambiguation). Good faith (Latin: bona fides) is fair and open dealing in human interactions. This is often thought to require sincere, honest intentions or belief, regardless of the outcome of an action.
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How to Split Home Mortgage Interest in Divorce 2. Gather your Form 1098 indicating the interest amount paid during the year Even if you are both listed as owners, the lender may only issue one 1098 to the name appearing first on the mortgage. You are entitled to claim your share of the deduction, even if the 1098 is not assigned to you.
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TITLE XXXVII The bona fide needs rule is a rule of appropriations law. It mandates. that a fiscal year’s appropriations only be obligated to meet a legitimate—or. bona fide—need arising in (or sometimes before) the fiscal year for which. the appropriation was made. It restricts this year’s appropriated funds from.
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- U.S.C. 1502(a), often referred to as the bona fide needs statute. The General. Accounting Office’s Principles of Federal Appropriations Law1 provides a. legal background and discussion of the rule, including analysis of associated. Comptroller General decisions through 1991.
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What is a bona fide offer? Bona fide is a Latin phrase, meaning literally in good faith.. Bona is the feminine version of bonus, originally a Latin word meaning good and now an English word.
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Bona fide occupational qualification (This consideration is not limited to race.) Bona fide occupational qualifications generally only apply to instances in which the BFOQ is considered reasonably necessary to the normal operation of a particular business.